Is Goldman Sachs One Big Credit Portfolio?
Now that Goldman Sachs is a commercial bank comes a new set of public reporting requirements. One of these public reports is linked above, and below i...
Now that Goldman Sachs is a commercial bank comes a new set of public reporting requirements. One of these public reports is linked above, and below i...
washingtonpost.com | Steven Mufson | Posted 08.14.2009 | Business
The run-up in oil prices that began earlier this year was not as steep as last summer's record climb, but it was almost as mystifying. ...
AP | ANNE FLAHERTY and JIM KUHNHENN | Posted 08.10.2009 | Business
WASHINGTON — Despite persistently high unemployment, Treasury Secretary Timothy Geithner said Friday the Obama administration's economic stimulu...
HuffingtonPost.com | Julie Satow | Posted 07.24.2009 | Business
When Olav Refvik wanted to boost the price of heating oil to make a lucrative energy deal even more lucrative, the Morgan Stanley trader locked up sev...
Robert Teitelman | Posted 07.09.2009 | Business
Reporters: Lay out the interests and report the bank lobbying and the money. Do it until readers nod off, which may be soon. It ain't pretty, but it's all we've got.
Robert Scheer | Posted 07.03.2009 | Politics
Ronald Reagan's signing off on legislation easing mortgage requirements back in 1982 pales in comparison to the damage wrought 15 years later.
Washington Post | Ezra Klein | Posted 06.28.2009 | Business
I think Bill Clinton makes a persuasive case that it was what he didn't do, rather than what did do, that contributed to the financial crisis. There a...
Bloomberg | Matthew Leising | Posted 06.24.2009 | Business
The U.S. Treasury's plan to regulate the over-the-counter derivatives market outlined by Secretary Timothy Geithner on May 13 contains recommendations...
Les Leopold | Posted 06.22.2009 | Business
Should we stop whining and accept the new economic realities? No thank you.
Michael B. Laskoff | Posted 06.14.2009 | Business
Let's think of derivatives like plutonium and the financial system as a nuclear power plant. By all means, use the fuel but never, ever forget its awe-inspiring capacity to wreak destruction.
bloomberg.com | Matthew Leising | Posted 06.13.2009 | Business
May 13 (Bloomberg) -- The U.S. Treasury will tell banks to increase transparency in the over-the-counter derivatives market by making prices availabl...
Sheldon Filger | Posted 06.12.2009 | Business
It is the fear of the derivatives toxin that has frozen credit markets, leading to the Global Economic Crisis. Geithner's stress test can't fix the calamitous state of the U.S. banking sector.
Thomas A. Bass | Posted 06.05.2009 | Business
The world economy sits on top of the world financial markets, and there is no hope of engineering an economic recovery without a functioning financial system.
Deepak Chopra | Posted 05.27.2009 | Home
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Financial Times | Michael Mackenzie and Francesco Guerrera | Posted 05.14.2009 | Business
The unit that all but destroyed AIG has failed to sign up for the overhaul of the global derivatives market which was given added impetus by the troub...
Jay Michaelson | Posted 04.28.2009 | Politics
To ban or heavily regulate usurious derivative securities is not socialism. It is Christianity and Judaism.
Ari Melber | Posted 04.25.2009 | Politics
In a galling demonstration of Washington's tangled priorities, leaders in both parties still refuse to tap Eliot Spitzer's expertise for policymaking and enforcement in the current crisis.
Bloomberg | Darrell Preston | Posted 04.25.2009 | Business
March 25 (Bloomberg) -- The former chief regulator for the $2.69 trillion municipal bond market for the first time acknowledged that the governing boa...
Howard Schweber | Posted 04.18.2009 | Business
Lately the torches-and-pitchforks voices have begun to drown out serious discussion. Time to take a deep breath or two: populist rage is a rotten basis for policy-making.
HuffingtonPost.com | Jason Linkins | Posted 04.16.2009 | Politics
After the 2008 Election, it was generally decided that Nate Silver, of FiveThirtyEight.com was to be crowned the new God of The Maths and King Kahuna ...
Raymond J. Learsy | Posted 04.05.2009 | Business
It is past time that a distinction be made between that part of AIG's business that was a "large and stable insurance company," and that part that was a "hedge fund," or better put, a casino.
Bloomberg | Matthew Leising and Elizabeth Hester | Posted 04.03.2009 | Business
March 3 (Bloomberg) -- JPMorgan Chase & Co. managed to generate $5 billion in profit during the worst year in Wall Street history by trading over-the-...
David Quigg | Posted 02.03.2009 | Business
How about a smart-plus-greedy-equals-stupid tax? We will save it for the absolutely inevitable moment in the not-so-distant future when Wall Street will forget the lessons of 2008.
David Paul | Posted 12.16.2008 | Business
The longer this goes on, the more absurd it is becoming. Hank Paulson may know what he is doing. He may have insight that is lost on the rest of us. ...
Marco Trbovich | Posted 11.29.2008 | Politics
An analysis of the bailout deals Paulson has been cutting with taxpayer dollars reveals he's giving the culprits who created the nation's credit crisis what amount to sweetheart deals.
The Big Picture | Posted 08.14.2009 | Business